By Elias Schisgall
Shares of Valvoline rose after the company posted first-quarter earnings ahead of Wall Street estimates despite swinging to a loss.
Shares rose 8.7% to $36.17 in Wednesday morning trading. The stock has fallen 1.2% in the past 12 months.
The automotive maintenance company on Wednesday posted a loss of $32.8 million, or 26 cents a share, compared with a profit of $91.6 million, or 71 cents a share, a year earlier.
Stripping out certain one-time items, Valvoline posted earnings of 37 cents a share. Analysts surveyed by FactSet were expecting 33 cents a share.
Sales rose 11% to $461.8 million, up from $414.3 million a year prior. The company said sales grew 15% when adjusted for the impact of selling 39 stores from the company to franchise.
System-wide same-store sales grew 5.8%, the company said.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
February 04, 2026 10:25 ET (15:25 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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